EOG Resources, Inc. v. James R. Hurt, Jr.

OPINION

BILL MEIER, Justice.

I. Introduction

Appellant and Cross-Appellee EOG Resources, Inc. appeals from an adverse judgment in favor of Appellee and Cross-Appellant James R. Hurt, Jr. Hurt appeals a postverdict ruling by the trial court. As to EOG’s appeal, we will reverse and render. As to Hurt’s appeal, we will affirm.

II. Factual and Procedural Background

EOG is an oil and gas exploration and development company. Standard Investment Company (SIC) is a Texas corporation whose owners include John E. Houston and Molly D. Houston.

In August 2004, EOG, as lessee, and SIC, as lessor, entered into…